MORROW BATTERIES ASA: årsregnskap 2021 vs 2020
Weaker earnings, fresh owner capital
approved 2022-05-18; registry 2022-07-11; journal 2022 617894
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for MORROW BATTERIES ASA. Revenue 0 NOK → 4.62m NOK. Net result -6.83m NOK → -37.31m NOK. Equity 59.29m NOK → 249.70m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for MORROW BATTERIES ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 4.62m NOK. Calculated
-
↑
Equity strengthened
Book equity 59.29m NOK → 249.70m NOK (equity ratio 97.4% → 92.9%). Calculated
-
↑
Cash rose
Bank deposits 25.23m NOK → 205.19m NOK (+713.2% YoY). Calculated
-
↑
Owners injected capital
Paid-in equity rose 66.03m NOK → 293.74m NOK (+227.71m NOK). Reported fact
What deteriorated
-
↓
Operating result weakened
Operating result -8.77m NOK → -49.26m NOK. Calculated
-
↓
Net result weakened
Net result -6.83m NOK → -37.31m NOK. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 30.1k NOK → 30.39m NOK. Reported fact